Singapore's non-executive directors' fees exceed US$40,000 in FY11/12

Xinhua, 6 Mar 2013
SINGAPORE, March 6 (Xinhua) -- Non-executive directors in Singapore companies registered an average fee of 52,000 Singapore dollars (41,767 U.S. dollars) each in Financial Year (FY) 2011-12, a moderate increase of 5.3 percent on year, a report of Hay group said Wednesday.
The so-called Board Remuneration and Practice in Singapore 2013 report "examines current board practice, including board composition, leadership, meetings, in a move to provide an overview of board governance in listed companies in Singapore." It covers 249 listed companies on the Singapore Exchange. Full story